Insurance commissioner rejects State Farm’s request for 22% emergency rate hike
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
Sacramento Bee11d
California State Farm homeowners frustrated by rejected water damage claims. ‘No basis’
A remediation company later tore out flooring and cabinets. Wise filed a claim with State Farm. “I didn’t think there would be any issue at all,” she said. The company rejected the claim ...
Washington Examiner10d
State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm wants to raise home insurance rates for Californians by an average of 22% after the company paid out roughly $1 billion in claims due to the Los Angeles fires. As the largest home ...
Orange County Register11d
State Farm seeks 22% emergency rate hike after receiving 8,700 wildfire claims
the state’s largest and a subsidiary State Farm Mutual Automobile Insurance Co., said it has received more than 8,700 claims from the Jan. 7 fires in Pacific Palisades and Altadena areas.
CBS News10d
State Farm asks for approval to increase California home insurance rates by an average of 22%
"The costs of the January 2025 wildfires will further deplete capital from State Farm General. Capital is necessary so an insurance company can pay for any future claims for the risks it insures ...